NOT LISTED FOR SALE
4 Beds
-- Bath
3,427 Sq Ft
10,019 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $341,000 $100 Per Sq Ft

32 Days on Market

Highlights

  • Central Air
  • Fouse Elementary School Rated A-
  • Heat Pump System

About This Home

As of November 2021

Investment Opportunity, 4-unit Building in the Westerville School District with Columbus Taxes. 4 Townhome units, each featuring 2 bedrooms and1 bath, First floor Washer/Dryer Hookups, no basements. All 4 units are currently occupied with current Leases in place. Rents are $700/month but typically collected at $650 per month if paid by the 1st of the month. Central A/C units, off street parking. One Water Meter, Seller pays Water & Sewer. Expenses are in the Agent Remarks Below.

Last Agent to Sell the Property

Rick Rano

RE/MAX Affiliates, Inc. License #2003001121 Listed on: 10/11/2021

RE/MAX Affiliates, Inc.

Last Buyer's Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 1988

Lot Details

  • 10,019

Parking

  • Common or Shared Parking

Home Design

  • 3,427 Sq Ft Home
  • Frame Construction
  • Stucco

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Washer and Dryer Hookup
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 600-173448

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,898
  • Maintenance Expense $900
  • Manager Expense $2,496
  • Professional Management Expense $2,496
  • Water Sewer Expense $1,296
  • Operating Expense $10,747
  • Gross Income $31,200
  • Net Operating Income $20,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,157

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1988
  • Tax Year: 2020
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.23
  • Total Gross Income: 31200.0
  • Co List Office Phone: 614-891-1661
  • MLS Status: Closed
  • Subdivision Name: Springhouse/GardenTerrace
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 31200.0
  • Annual Expenses: 10747.0
  • General Property Info Building Sq Ft: 3427.0
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Common
  • Parking Features Common: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Heat Pump: Yes

Fee Information

  • Annual Water Sewer Expense: 1296.0

Schools

  • Junior High Dist: WESTERVILLE CSD 2514 FRA CO.

Lot Info

  • Parcel Number: 600-173448
  • Lot Size Sq Ft: 10018.8

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1898.0
  • Maintenance Expense: 900.0
  • Resident Manager Expense: 2496.0
  • Net Operating Income: 20453.0
  • Annual Operating Expense: 10747.0

Tax Info

  • Tax Annual Amount: 4157.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $341,000 +13.7% $100 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $300,000 -- $88 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221040234

Columbus and Central Ohio Regional MLS